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battling over the fiscal cliff. but now there's yet another heated debate. >>> a wild year in office for baker. we go on one-on-one with the county executive. >>> i'm wendy rieger. >> and i'm jim vance. tonight, president obama issued yet another warning to republicans, do not use the fiscal cliff to start a fight over the debt ceiling. the u.s. could reach its debt ceiling by the end of the month, and risk defaulting on its loans early next year. house speaker john boehner today said, quote, we don't have time for the president to continue shifting the goal posts. we need to solve this problem. danielle lee now joins us from capitol hill with more on this story tonight. danielle? >> reporter: jim, good evening. we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is currently at $16.4 trillion. there are new concerns about what could happen to the coun
battling over the fiscal cliff. but now there's yet another heated debate. >>> a wild year in office for baker. we go on one-on-one with the county executive. >>> i'm wendy rieger. >> and i'm jim vance. tonight, president obama issued yet another warning to republicans, do not use the fiscal cliff to start a fight over the debt ceiling. the u.s. could reach its debt ceiling by the end of the month, and risk defaulting on its loans early next year. house speaker john...
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as a diesel engine plant, president obama stood his ground on the fiscal cliff. >> all congress needs to do is pass a law that would prehaven't a tax hike on the first $250 of everybody's income. >> the latest campaign stop had an announcement. business leaders warn this time of investment will suffer without a deal to avoid billions in tax increases and spending cuts next year. >> we have more than -- i think 103 ceos in town last week. the message was sit down, work it out. back in washington there's new momentum. yesterday p many p.m. and house speaker john boehner met one on one for the first time this year. then today staffers continued the private negotiations. the sooner the better, we all know el that. >> reporter: an increasing number of -- >> i actually amb ginning to believe that is the best route for us to take to again shift the focus where it needs to be, which is on entitlements. >> reporter: and budget experts see more democrats open to cutting social security and medicare. >> it's like, gosh, senator durbin, who is very, very close to the president, saying hey, look,
as a diesel engine plant, president obama stood his ground on the fiscal cliff. >> all congress needs to do is pass a law that would prehaven't a tax hike on the first $250 of everybody's income. >> the latest campaign stop had an announcement. business leaders warn this time of investment will suffer without a deal to avoid billions in tax increases and spending cuts next year. >> we have more than -- i think 103 ceos in town last week. the message was sit down, work it out....
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coming up at 10:00 on "the chris matthews show," will the final deal on the fiscal cliff be the grand bargain that puts the debt issue to bed or just enough to get past the cliff? or could the president get big concessions from john boehner and force liberals to sign off a-o a big inteelgtsment change? much more talk the past week about hillary clinton gearing up to run for president. in a new washington post poll, her numbers like like they would give her a quick route to the nomination. and a strong chance to win the white house for a clinton third term. join me and david ignatius, john harris, michele caruso ka fwrar cabrera for a great round table. here's what's coming up on "meet the press." ma,ñ0ót5 behind?n00o thisu this morning i'll go inside negotiations with two lawmakers close to them, dick durbin of illinois and congressman, one of boehner's top advisers. i spent time on capitol hill this week. one question i'm dealing with this morning, what has actually changed since last summer's debt debacle? my sense is we may be closer to a deal than some of all the publicr7ó(w- l
coming up at 10:00 on "the chris matthews show," will the final deal on the fiscal cliff be the grand bargain that puts the debt issue to bed or just enough to get past the cliff? or could the president get big concessions from john boehner and force liberals to sign off a-o a big inteelgtsment change? much more talk the past week about hillary clinton gearing up to run for president. in a new washington post poll, her numbers like like they would give her a quick route to the...
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christine lagarde said lawmakers need to address the country's debt, the deficit, and the fiscal cliff and quickly to avoid the uncertainty from affecting the global economy. she suggested a balanced approach, increasing revenue, while also cutting spending. >>> a new survey shows pay for private college prnts continues to climb. they studied data from 2010. it shows medial compensation rose to about $400,000, up nearly 3%. >>> and james bond's fought his way back to the top of the box office. "skyfall" made $11 million. "rise of the guardian" finished a close second with $10.5 million, and in third place, "twilight saga:breaking dawn" part twoer and $9.2 million. i've got to go see that animated christmas film. >> you and jack, that would be a good thing to do. >> "skyfall" kind of going nowhere and then jump back on top, that's kind of a strange move. >> that's james bond. that's no surprise. >> ashley morrison in new york. thanks, ashley. >>> hundreds said their "i dos" sunday. about 150 same-sex couples exchanged vows at seattle city hall. officiating judges who donated their time
christine lagarde said lawmakers need to address the country's debt, the deficit, and the fiscal cliff and quickly to avoid the uncertainty from affecting the global economy. she suggested a balanced approach, increasing revenue, while also cutting spending. >>> a new survey shows pay for private college prnts continues to climb. they studied data from 2010. it shows medial compensation rose to about $400,000, up nearly 3%. >>> and james bond's fought his way back to the top...
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the 2% is part of the fiscal cliff, sequestration due to the fiscal cliff. melissa: at the same time these doctors at end of the day end up paying higher income tax after what they're making at work is cut. when they get home and the government comes back and takes a bigger bite. >> melissa, your viewers many already faced with this $250,000 or above tax that is going to occur if this isn't solved. i want to point out physicians this is gross figure, many physicians have a lot of expenses hidden in that. they're not making $250,000. the cost of machinery. cost of tests. cost of keeping offices open. every small business has the problem. doctors will get in the position to say wait a minute, i can't afford to take care of those patients. maybe they go to the hospital. melissa: on top of all that the doctors are affected by the health care act's restrictions. >> they will not be able to offer certain technological solutions because insurance won't pay for it. i want to order that test but insurance won't pay. i'm still liable even if i can't order it. obamacar
the 2% is part of the fiscal cliff, sequestration due to the fiscal cliff. melissa: at the same time these doctors at end of the day end up paying higher income tax after what they're making at work is cut. when they get home and the government comes back and takes a bigger bite. >> melissa, your viewers many already faced with this $250,000 or above tax that is going to occur if this isn't solved. i want to point out physicians this is gross figure, many physicians have a lot of expenses...
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there's a possible movement tonight in the fiscal cliff stand off. we'll have the lathe coming up. >>> take a look at that fog. light mist and drizzle here on the weather terrace. i'll tell you how long that will stick around. you'll want to keep the umbrella handy. details coming up in your seven- day forecast. >>> possible signs of movement today in the fiscal cliff debate. they met privately at the white house this afternoon. their first meeting since mid- november. and also today, talk of a compromise on a political talk show. he and other republican senators, they would consider raising the top tax rates for the wealthiest americans they believe that a compromise would be reached. >> i think we will get a deal. i think everyone realizes how important it is. our economy is moving up some. not fast enough, but just some. to be going over that cliff is just terrible. i think we will get an agreement. >> there is a growing group of folks looking at this, realizing we don't have a lot of cards as it relates to the tax issue. we have one house, that's
there's a possible movement tonight in the fiscal cliff stand off. we'll have the lathe coming up. >>> take a look at that fog. light mist and drizzle here on the weather terrace. i'll tell you how long that will stick around. you'll want to keep the umbrella handy. details coming up in your seven- day forecast. >>> possible signs of movement today in the fiscal cliff debate. they met privately at the white house this afternoon. their first meeting since mid- november. and...
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>> we'll be talking inside these fiscal cliff negotiations. top lieutenants on both sides, kevin mccarthy for speaker boehner and dick durbin, senator durbin, white house ally, and we'll touch on sir, yeah an ongoing crisis and a lot happening this week on that. newt gingrich joins our roundtable as well. the press pass up there we have rick santorum who has things to say about how this fiscal cliff negotiation is going. >> all right. sounds good, david gregory, thank you for joining us. >> see you in a few minutes. >>> let's go to chuck now. we're dealing with fog and slick roads out there. >> good morning, you guys. good sunday morning, everybody. today will not be the prettiest day to be outside. we'l >>> the national zoo says one of its bears may soon give birth. here's a picture of billie jean, andean bear, and she's pregnant with two small cubs. the vets say she built a nest and staying inside a little more. she's also eating less. they say that that's, you know, pretty much the same way she acted the last time that she gave by the way t
>> we'll be talking inside these fiscal cliff negotiations. top lieutenants on both sides, kevin mccarthy for speaker boehner and dick durbin, senator durbin, white house ally, and we'll touch on sir, yeah an ongoing crisis and a lot happening this week on that. newt gingrich joins our roundtable as well. the press pass up there we have rick santorum who has things to say about how this fiscal cliff negotiation is going. >> all right. sounds good, david gregory, thank you for...
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. >> to washington and the fiscal cliff budget talks. if they fail to produce a deal, more than two million people will lose unamendment benefits a few days after christmas. nadia ram dishas more on shopping habits. >> alexandria, what do you want for christmas? >> furby and barbie. >> furby, barbie, and electronics are a taste of some of the must-have items this holiday shopping season and this ellicott city target store was bustling saturday with shoppers determined to make holiday purchases within reason. >> they'll save us a lot of money. >> with the looming fiscal cliff, linda and mike martzen are changing holiday shopping habits this year, relying on coupons and shopping less in case the cliff goes over in the beginning of the year. they're not alone. >> buying more practical, stuff people want. >> trying to save more and buy less in case taxes do go up. >> experts say the fiscal cliff could play grinch to the u.s. economy during the holiday shopping season. in a recent survey, the national retail federation found about 2/3 of shop
. >> to washington and the fiscal cliff budget talks. if they fail to produce a deal, more than two million people will lose unamendment benefits a few days after christmas. nadia ram dishas more on shopping habits. >> alexandria, what do you want for christmas? >> furby and barbie. >> furby, barbie, and electronics are a taste of some of the must-have items this holiday shopping season and this ellicott city target store was bustling saturday with shoppers determined to...
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and for much more on the fiscal cliff on fox news sunday chris wallace will sit down in an exclusive interview with democratic senator charles schumer and bob corker on fox news sunday. check your local listings for time. >> all of the talk about sausage makes me want to go out to 6th avenue and grab something from the vendors. >> the guy with the cart. >> i know. >>> coming up the latest job numbers show the unemployment rate dropping to its lowest levels in four years, but the number of people dropping out of the workforce remains high. so what is going on? we will break it down for you. >>- q. i and it has been 40 years since -- >> and it it has been 40 years since americans walked on the moon and now nasa is focused on other missions. a look at the private company that is planning the next moon shot. >> i understand that some believe we should attempt a return to the surface of the moon first. as previously planned. i just have to say pretty bluntly here, we have been there before. buzz has been there. >>> bottom of the hour and let's get you caught up on the headlines. dallas co
and for much more on the fiscal cliff on fox news sunday chris wallace will sit down in an exclusive interview with democratic senator charles schumer and bob corker on fox news sunday. check your local listings for time. >> all of the talk about sausage makes me want to go out to 6th avenue and grab something from the vendors. >> the guy with the cart. >> i know. >>> coming up the latest job numbers show the unemployment rate dropping to its lowest levels in four...
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i think if we do go off the cliff and recession, i think the fiscal cliff is completely unpredic unpredict-- predictable, especially with a fragile economy, the wall street and the corporate economists are deeply scared about it. that recession really would, you know, wreck his term because we would be obsessed with that for the next couple of years. and so i don't think it's a total walk for him but he clearly has the upper hand. and then there is just the sheer fact of the numbers. say they reach a compromise. i think the republicans are likely to cave on the rate and you close a few deductions. >> do you think they will. >> i do. >> because they are saying they are not going to cave. >> there is going to be no deal on that. they are to the going to go into january, as mark said, and say to the country, hey, we're going to raise your taxes but we have to serve the rich people. they're just not going to do that with the polls, so they're going to cave. they will not get up to 39% but they could get to 37. so say you get to 1.2 trillion in revenue. you still need spending cuts so the presi
i think if we do go off the cliff and recession, i think the fiscal cliff is completely unpredic unpredict-- predictable, especially with a fragile economy, the wall street and the corporate economists are deeply scared about it. that recession really would, you know, wreck his term because we would be obsessed with that for the next couple of years. and so i don't think it's a total walk for him but he clearly has the upper hand. and then there is just the sheer fact of the numbers. say they...
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>>> the fiscal cliff, the fiscal cliff, just 23 days away and if we go over it, automatic spending cuts will take effect, automatically, bam. todd schoenberger is back with me from new york. we spent some time taking questions from viewers who want 20 know how the fiscal cliff will affect them. what will make the headlines? >> bottom line is this, that is if nothing is resolved right now, we are looking at a 20% increase across the board for tax revenue for washington. and you hear a lot about these spending cuts but realistically, we won't see a whole lot of spending cuts, because this way this was actually createded, we would only see spending cuts of .25%. >> one coming from edgar, he says i'm not confused about the fiscal cliff, what i'm confused about is what taxes will be raised? >> that's right. well the payroll tax holiday, it was created in 2010, it had a two-year tax extension, it expires on december 31st. this is a 2% payroll tax that all americans were enjoying. if nothing is resolved, your first paycheck in january is going to be 2% lighter. that may not sound like a lot. b
>>> the fiscal cliff, the fiscal cliff, just 23 days away and if we go over it, automatic spending cuts will take effect, automatically, bam. todd schoenberger is back with me from new york. we spent some time taking questions from viewers who want 20 know how the fiscal cliff will affect them. what will make the headlines? >> bottom line is this, that is if nothing is resolved right now, we are looking at a 20% increase across the board for tax revenue for washington. and you...
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first one is the fiscal cliff. you're one of the keener economic minds in great britain. what do you make of what's happening in america? the old expression if america sneezes, we all catch a cold back in europe, as true as ever. what do you think should be happening here to try and get a deal to avoid the fiscal cliff happening? >> i have no doubt people are working very hard to get a deal. i wish their discussions -- well, now we have the president re-elected and we have a new congress. i think it's right they get them to the business of sorting this out. i think america's got to think that what it needs to do is get growth in its economy as well. and it needs to get growth by trade and exporting. i think what we're missing at the moment is a global agreement whereby big powers try to rebuild confidence in the world. yes, have you to sort out the fiscal problems. yes, you also have to have growth because that's the key to employment and to prosperity to the future. there's a global deal waiting to be done with china, europe, india also involved in this and, of course, a
first one is the fiscal cliff. you're one of the keener economic minds in great britain. what do you make of what's happening in america? the old expression if america sneezes, we all catch a cold back in europe, as true as ever. what do you think should be happening here to try and get a deal to avoid the fiscal cliff happening? >> i have no doubt people are working very hard to get a deal. i wish their discussions -- well, now we have the president re-elected and we have a new congress....
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we are back and forth on how to avert the fiscal cliff. it is just 22 days before the deadline and president obama says he is willing to cut entitlements and speaker john boehner is showing signs of not ruling out a tax hike for top earners. >> and muni is contemplating restructuring its fare structure based on income. a study on the issue is being conducted due to riders' mixed feelings about it. >>> and weather. lots of sunshine? >> yes. we have temperatures mostly in the mid 60s. 64 at concord. 62 at fairfield. here in the city 64 degrees an san jose should see 64. the next chance of rain wednesday. in the meantime, sunshine. >> okay. let's do another season story. >>> the season of giving continues at the san francisco bar pilots team one firefighters again this year. >> yes. they are all acting like elfs. the pilots became santa's own workshop. they assembled 130 bikes for children donated to the fire department toys for children program. they also contribute toys for families in need. very cool! thank you for joining us this morning
we are back and forth on how to avert the fiscal cliff. it is just 22 days before the deadline and president obama says he is willing to cut entitlements and speaker john boehner is showing signs of not ruling out a tax hike for top earners. >> and muni is contemplating restructuring its fare structure based on income. a study on the issue is being conducted due to riders' mixed feelings about it. >>> and weather. lots of sunshine? >> yes. we have temperatures mostly in the...
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the standoff over the fiscal cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing fields of elk horn coral that you couldn't see through it and you couldn't see beyond it and those same areas are dead you know 99% dead. ♪ >> ifill: and we close with a remembrance of jazz great dave brubeck who died today, one day shy of his 92nd birthday. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs stati
the standoff over the fiscal cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing...
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playing it's cards right and for that we need a deal on the fiscal cliff. thank you for joining us on the conversation on "your money." have a great weekend. >>> hello, thank you for joining us. i'm allison cossack, fredericka whitfield is off. president and house speaker john boehner met today at the white house. we're not getting details yet as to how those negotiations went, except to stay that the lines of communications remained open. both sides of the fiscal cliff negotiations are much closer than you may think despite what law makes say publicly. jackie calms of the "new york times" picked up on something that lawmaker tim cole said recently. >> the republicans should just declare victory and taking the 98% of the tax cuts that they agree on and work next year on tax reform and see if they can't get the top rate back down again. it's hard to think that that's not where they're going to end up so why not make it clean instead of ugly. >> i think it's true that many people are saying privatery what tom cole said publicly on the show. but they believe t
playing it's cards right and for that we need a deal on the fiscal cliff. thank you for joining us on the conversation on "your money." have a great weekend. >>> hello, thank you for joining us. i'm allison cossack, fredericka whitfield is off. president and house speaker john boehner met today at the white house. we're not getting details yet as to how those negotiations went, except to stay that the lines of communications remained open. both sides of the fiscal cliff...
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click on the fiscal cliff link. write an e-mail to your senator or your representative. >>> prince george's county's 59th murder victim this year is one of the youngest. tonight police are looking for the person or people who killed a 14-year-old boy on sheridan street in lewisdale. matt jablow joinsous live from near the scene with -- joins us live from near the scene with the details. >> reporter: i'm standing now in a neighborhood many residents describe as safe. it happened just after midnight when 14-year-old elizer reyes was walking down the street near his house with two other people. a car drove up and shots were fired hitting the 14-year-old reyes and one of the people he was with. the 14-year-old was later pronounced dead at a local hospital. the other victim is in stable condition. it was a gang-related shooting and the victims were apparently targeted. i spoke earlier today with a woman who saw reyes literally dying in the street. what did you think when you saw what you saw last night? >> it breaks my h
click on the fiscal cliff link. write an e-mail to your senator or your representative. >>> prince george's county's 59th murder victim this year is one of the youngest. tonight police are looking for the person or people who killed a 14-year-old boy on sheridan street in lewisdale. matt jablow joinsous live from near the scene with -- joins us live from near the scene with the details. >> reporter: i'm standing now in a neighborhood many residents describe as safe. it happened...
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president obama ab house speaker boehner behind closed doors meeting on the fiscal cliff earlier and also tonight on the fox report. >> a dramatic hostage situation, a botched robbery at a fast food restaurant, escalating into a standoff. >> and we tried for several hours for this to end. >> and it didn't. the race against time, to save lives. and london calling, police there contacting their australia counterparts into a possible investigation into the royal pregnancy hoax, a prank call from two dj's now apparently tied to the death of a nurse who fell victim to their tricks. >> and indicated, they may wish to speak to the people involved in the matter. >> is it trouble for their radio station, just reach a whole new level? let's begin again. new details about just how intricate and dangerous the operation was to rescue an american doctor. snatched by the taliban, it was breaking news last night on fox report. we're learning much more, the white house saying a short time ago, a u.s. service member, a navy seal was killed in that mission. president obama issuing this statement, tragi
president obama ab house speaker boehner behind closed doors meeting on the fiscal cliff earlier and also tonight on the fox report. >> a dramatic hostage situation, a botched robbery at a fast food restaurant, escalating into a standoff. >> and we tried for several hours for this to end. >> and it didn't. the race against time, to save lives. and london calling, police there contacting their australia counterparts into a possible investigation into the royal pregnancy hoax, a...
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>> we are not going into this fiscal cliff from a position of strength. there is no doubt, if we cliff dive on this we're going to have a high unemployment a lot of people will be laid off because of the spending cuts and tax increases. >> heather: and we are facing tax increases. >> absolutely. >> heather: thank you. >> gregg: new chaos unfolding in the middle east as egypt's military threatens the protestors there. syria preparing to unleash chemical weapons and people are scared seen here running for their lives to prevent two catastrophes from getting a whole lot worse. staechb yates will be with us next. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees, like ourender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who trieit agreed that it relieved their headache fast. visit fastreliefchallenge.
>> we are not going into this fiscal cliff from a position of strength. there is no doubt, if we cliff dive on this we're going to have a high unemployment a lot of people will be laid off because of the spending cuts and tax increases. >> heather: and we are facing tax increases. >> absolutely. >> heather: thank you. >> gregg: new chaos unfolding in the middle east as egypt's military threatens the protestors there. syria preparing to unleash chemical weapons and...
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fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's right. it is a good sign. it was just about a week ago that we were reporting about how nothing was going on, not in public and not in private. aides up on the hill, republican aides telling us there were no phone calls, no e-mails, no communication whatsoever. so this is encouraging in that the president sat down face to face with speaker boehner, but i think it's telling that both the speaker's office and white house put out these identical statements. i mean, what it shows here is that they've agreed to negotiate in private. there's a strategy here not to make this play out in public but rather happen behind closed doors so they can hash this out, hammer this out. it's unclear whether this will continue at that level. i did communicate wi
fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's right. it is a good sign. it was just about a week ago that we were reporting about how nothing was going on, not in public and not in private. aides up on the hill, republican aides telling us there were no phone calls, no...
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despite some signs of a compromise, the white house says it is ready to go over the fiscal cliff. >>> lighting up legally. this morning a law permitting recreational marijuana use goes into effect in washington state. >>> and royal ruse. australia's shop jocks pose as queen elizabeth and prince charles in a prank phone call to the duchess of cambridge's hospital. >> when can you take me to the hospital, charles? >> when can you come down to take her? maybe in the morning or something, if that's okay. captioning funded by cbs >> this is the "cbs morning news" for thursday, december 6, 2012. >>> good morning, everybody. i'm terrell brown. stunning. that's what they hear after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. on top earners. a just released poll shows nearly half of those ads say it's time to end tax cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republica
despite some signs of a compromise, the white house says it is ready to go over the fiscal cliff. >>> lighting up legally. this morning a law permitting recreational marijuana use goes into effect in washington state. >>> and royal ruse. australia's shop jocks pose as queen elizabeth and prince charles in a prank phone call to the duchess of cambridge's hospital. >> when can you take me to the hospital, charles? >> when can you come down to take her? maybe in the...
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>> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect of an agreement that doesn't involve the tax -- remember, it's 207b8%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members of congress are heading out on a long weekend, not to return till tuesday, this as the impasse here on capitol hill continues and the nation waits. social security workers marched outside their office in baltimore wednesday. they're protesting the government spending cuts due to kick in at the end of the year as part of the fiscal clear. >> we don't want to see our public hurt in any way. >> just down the road in washington, d.c
>> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect of an agreement that doesn't involve the tax -- remember, it's 207b8%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to...
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and that would push the fiscal cliff higher for 2013. i'm christine romans. >>> all right, pay attention to this, it would affect you. many of us rely on them. on-line reviews of businesses and products. but did you ever think that giving a negative review would give you in trouble? a d.c. contracting firm is suing a woman for $750,000 for her tough report. she complained that the work done to her property was damaged. sloppy paint, stained carpet. there you go, a toilet, a seal that needed to be replaced. but a judge has sided with the contractor. karen conte is here, thank you for joining us. >> good to see you and finally meet you in person, much better looking in person, i have to say. >> so are you. >> oh, gosh, we all love each other. >> yeah, until after the show. >> i spoke with him yesterday, he said the picture of the carpet, he said that was not his. that was before he replaced the carpet. he is suing for internet defamation claiming he lost thousands in business because of her review. so where did a person's first amendment r
and that would push the fiscal cliff higher for 2013. i'm christine romans. >>> all right, pay attention to this, it would affect you. many of us rely on them. on-line reviews of businesses and products. but did you ever think that giving a negative review would give you in trouble? a d.c. contracting firm is suing a woman for $750,000 for her tough report. she complained that the work done to her property was damaged. sloppy paint, stained carpet. there you go, a toilet, a seal that...
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over the fiscal cliff? >> absolutely. there's no process in agreement that doesn't involve those rates going up on the top 2 percent of the wealthiest members. only 2 percent. all of those americans, too, get a tax cut. the obama administration is happening what happens for the aying american families. we have congressman randy forbes. >> let me ask you something. do you feel like a president actually wants this to happen so that it gives him some political ad vantage? >> i have to judge that by two things. first of all what i am hearing from my colleagues on the democratic leadership side they said they wanted to go over the fiscal cliff because we have argued all along they will start by simply taxing everybody over 250,000. they told me they wouldn vote fr anything that would tax everybody over 150,000. you take the president's actions. the president doesn't want to get an agreement or compromise he wants to get his way. he won't come to the table with any serious proposal because we can get a solution e
over the fiscal cliff? >> absolutely. there's no process in agreement that doesn't involve those rates going up on the top 2 percent of the wealthiest members. only 2 percent. all of those americans, too, get a tax cut. the obama administration is happening what happens for the aying american families. we have congressman randy forbes. >> let me ask you something. do you feel like a president actually wants this to happen so that it gives him some political ad vantage? >> i...
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but back to the issue of the fiscal cliff, are you being cued in and clued in on what is happening? some republicans have complained that there are negotiations and bargains behind closed doors, that they are getting their information about what is being hammered out, essentially from news report, media reports. do you feel like you are getting enough information? >> i feel like i am being updated regularly. if the question is how i feel about the substance, where they are going, i am not encouraged, especially after the president rejected outright an initial offer by the speaker earlier this week. it didn't happen in a way that gave me confidence that the president is really interested in negotiating. he it gave me the sense that he is not only willing to allow us to go off the cliff burks perhaps he wants to push us off. >> of course, the white house continues to say, that's not what it wants, at least, publicly, but your colleague, senator lindy graham said as much a few days back, he thinks they have made a political calculation that there is a very real possibility that that is
but back to the issue of the fiscal cliff, are you being cued in and clued in on what is happening? some republicans have complained that there are negotiations and bargains behind closed doors, that they are getting their information about what is being hammered out, essentially from news report, media reports. do you feel like you are getting enough information? >> i feel like i am being updated regularly. if the question is how i feel about the substance, where they are going, i am not...
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now and the fiscal cliff negotiation. the back and forth between both sides hasn't been complimentary. quite the opposite, in fact, which means the country needs to prepare for what comes next. that would be automatic spending cups and the expiration of bush era tax breaks. the pentagon has been preparing, and as our john callan reports, so have families who have a whole lot to lose if a deal doesn't get done. >> reporter: jeremy connor, married father of two. >> i've worked recently for a very large defense contractor, and my wife works for that same defense contractor. >> reporter: he left that job after 18 years for more stability since the couple both worked in the same department. >> the discussion of the fiscal cliff just made sense for one of us to get out. >> you know, we didn't know what it looked like down the road, if we were even going to have jobs at all. >> reporter: pentagon's budget for the next ten years has already been flashed $500 billion, and could face another half trillion in automatic cuts if congr
now and the fiscal cliff negotiation. the back and forth between both sides hasn't been complimentary. quite the opposite, in fact, which means the country needs to prepare for what comes next. that would be automatic spending cups and the expiration of bush era tax breaks. the pentagon has been preparing, and as our john callan reports, so have families who have a whole lot to lose if a deal doesn't get done. >> reporter: jeremy connor, married father of two. >> i've worked...
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. >> you know, judge we may go over the fiscal cliff. i think we are going to end up coming to some sort of terms and kicking the can down the road. i think it's going to the same old same old. i have actually heard from a lot of my bundlers that they think they are in the oil industry that they think we should actually fall. this is going to be one way to go ahead and actually wake up everybody and get things straight. >> who gets blamed. the republicans get blamed and that's the issue much the president knows who wins either way. if the president gets a deal he will get credit. if we gopher 00 fiscal cliff the republicans who are in complete disarray will be blamed. both parties in their own way are putting the country at risk, the risk of a recession because of politics. >> all right. and pat, the republicans will get more blame. we know that already. but ultimately the president of the economy goes may pay the price as he did last august. the problem i have is with what doug said the republicans are in such a disarray. make a case ot
. >> you know, judge we may go over the fiscal cliff. i think we are going to end up coming to some sort of terms and kicking the can down the road. i think it's going to the same old same old. i have actually heard from a lot of my bundlers that they think they are in the oil industry that they think we should actually fall. this is going to be one way to go ahead and actually wake up everybody and get things straight. >> who gets blamed. the republicans get blamed and that's the...
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goes over that fiscal cliff we've been talking about. cbs reporter nancy cordis on the progress or lack thereof in washington. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of healthcare without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one day after house speaker john boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart, nancy pelosi, blames boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations 23 days before the deadline, when federal income tax rates will revert to higher clinton e
goes over that fiscal cliff we've been talking about. cbs reporter nancy cordis on the progress or lack thereof in washington. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of healthcare without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement...
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. >> with 28 days left to come to a deal on the nation's fiscal cliff, the white house is holding firm on its proposal to raise taxes on the wealthy. spokesman jay carney. >> the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessary without raising rates on the top 2% wealthiest americans. the math simply does not add up. >> ifill: the white house proposes raising $1.6 trillion in taxes over ten years, imposing higher rates on those making more than $250,000 a year. in a letter sent to the white house today, speaker of the house john boehner rejected the president's approach, writing that republicans cannot in good conscience agree to this approach which is neither balanced nor realistic. his counter-offer, save $2.2 trillion by among other things raising $800 billion in new revenues. the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaign
. >> with 28 days left to come to a deal on the nation's fiscal cliff, the white house is holding firm on its proposal to raise taxes on the wealthy. spokesman jay carney. >> the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessary without raising rates on the top 2% wealthiest americans. the math simply does not add up. >> ifill: the white house proposes raising $1.6 trillion...
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the latest on the fiscal cliff, president obama and house speaker boehner meeting behind closed doors, close to the media we didn't know what was happening and don't know what was said there because they're keeping it private. they say it's an effort to avoid the deadlock in the negotiations. and the white house pushes for more taxes on higher earners, republicans are holding out for deeper cuts. and demonstrators acting in anger to president mohammed morsi's continued push on an islamist backed constitution. and in the streets of cairo demanding that vote scheduled for this coming saturday be canceled and many in the u.s. concerned about religious freedom during this unnecessary. i'm harris falkner and now, back to huckabee. [applause] >> detroit is broke. and detroit is in big trouble. officials there are trying to figure out just how the city can avoid being the largest american town ever to declare bankruptcy. and joanne watson, counsel woman came up with the quote of the week. >> and after the election of jimmy carter, coleman young went to washington, d.c. he came back home with
the latest on the fiscal cliff, president obama and house speaker boehner meeting behind closed doors, close to the media we didn't know what was happening and don't know what was said there because they're keeping it private. they say it's an effort to avoid the deadlock in the negotiations. and the white house pushes for more taxes on higher earners, republicans are holding out for deeper cuts. and demonstrators acting in anger to president mohammed morsi's continued push on an islamist...
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leave aside the fiscal cliff. the funding crisis we are building ourselves into precisely by solving the fiscal cliff problem. >> i said in these shares were you are for 14 years. if you keep after things legislatively, particularly if they are good for america, particularly if the americans want them, it will happen. we are not giving up on high- speed rail. the present will include money in his budget in the transportation budget for high- speed rail. the venture i i hope there are enough visionary people who see high-speed rail as the next generation of transportation. in an absence of that, we're trying to get some private dollars. i traveled to 15 countries over the last four years. i told these companies that built the rails in europe and asia, come to america. invest in america. many of them are here now. in the absence of congress not providing the money but the leadership of the president's providing the money, we would get there with public money. until we do, we will use private dollars. >> with all res
leave aside the fiscal cliff. the funding crisis we are building ourselves into precisely by solving the fiscal cliff problem. >> i said in these shares were you are for 14 years. if you keep after things legislatively, particularly if they are good for america, particularly if the americans want them, it will happen. we are not giving up on high- speed rail. the present will include money in his budget in the transportation budget for high- speed rail. the venture i i hope there are...
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with the fiscal cliff looming, how will it affect holiday shopping? that story coming up. >> and the radar looks messy right now, heavier rain showers coming in from northern virginia. details in the insta-weather plus forecast. >> trackidy hits the dallas cowboys one day before they're scheduled to play the bengals. the latest on the arrest of one player and death of another. >> you're watching wbal-tv 11, live, local, late breaking. [captioning made possible by constellation energy group] >> good morning and welcome to 11 news sunday morning, i'm franciotti. lisa has the day off. >> i'm kerry cavanaugh. first, a look outside with ava and it was soupy today. >> like pea soup. it's a mess out there. we basically have all this fog we have to deal with, showers, as well, to watch for. earlier this morning, low visibility because of the dense fog from baltimore county to st. mary's county and eastbound, the lower eastern shore and delaware, as well. if you look at the radar, you can see showers across baltimore city moving up 95 into white marsh into edg
with the fiscal cliff looming, how will it affect holiday shopping? that story coming up. >> and the radar looks messy right now, heavier rain showers coming in from northern virginia. details in the insta-weather plus forecast. >> trackidy hits the dallas cowboys one day before they're scheduled to play the bengals. the latest on the arrest of one player and death of another. >> you're watching wbal-tv 11, live, local, late breaking. [captioning made possible by constellation...
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wall street investors are waiting for a fiscal cliff deal. stocks were unchanged. the dow lost 13 points while the nasdaq was down five points. bank profits are getting bigger. the financial industry earned $37.6 billion in the third quarter. that's an increase of more than 6% and it could lead to more lending. there's good news on the housing front. a survey shows housing prices were up more than 6% in october. that's the best gain in six years. starting in 2016 the disney characters are coming to netflix. they landed exclusive rights to stream disney movies before they air on cable networks. netflix will get some of disney's classic movies. no financial terms of the deal were released. and just in time for the holidays, starbucks is introducing a $454 gift card. the card is made of etched steel. comes with $400 on it. the reason why it's $450? it costs $50 just to make the card. there will be only 5,000 available and they will only be sold on the website gilt.com. the card comes with a gold level starbucks membership for $400 you can buy 57 cups of starbucks new
wall street investors are waiting for a fiscal cliff deal. stocks were unchanged. the dow lost 13 points while the nasdaq was down five points. bank profits are getting bigger. the financial industry earned $37.6 billion in the third quarter. that's an increase of more than 6% and it could lead to more lending. there's good news on the housing front. a survey shows housing prices were up more than 6% in october. that's the best gain in six years. starting in 2016 the disney characters are...